Science Photo Library / Getty Images You don’t need a million dollars to live a glamorous retirement, so long as you’re willing to leave the U.S. behind. “Most people assume that a high-flying existence like that is the purview of the rich and famous alone,” said Jennifer Stevens, the executive editor of International Living. They’re

With auto sales slowing, car shoppers are likely to find dealerships eager to move inventory over the Memorial Day weekend. While the holiday always marks a big sales push, this year it comes as cars are sitting on dealer lots longer before getting sold. The average in April was 75 days, about 6% higher than

Lawmakers in the House of Representatives have passed a bill that aims to improve the nation’s retirement savings, moving it a step closer to becoming law. Called the Secure Act and backed by both Republicans and Democrats, the measure includes a variety of provisions intended to increase the ranks of savers and the amount they

A woman enters an All American Check Cashing location in Brandon, Miss., May 12, 2017.  Rogelio V. Solis | AP Many Americans describe their situation as financially stable, but economic fragility is persistent across the U.S., especially related to income level, educational attainment, and ethnicity and race. An unexpected expense of $400 can force more

Thomas Dunworth / EyeEm | Getty Images Bay Area tech workers plan to flee San Francisco for the more affordable locale of … New York City. That’s what Wealthfront, an investment management firm that provides robo-advisor services, found when it surveyed nearly 2,700 of its clients who work in the Bay Area at tech companies.

There has been a great deal of news about the rising cost of college tuition. However, discounts at private colleges and universities are actually on the rise. Private colleges are offering students larger grants relative to tuition prices than ever before, according to a new analysis by the National Association of College and University Business

The best time to prepare for being let go is while you’re still punching in at work. While employment overall has been rosy — the unemployment rate went down 20 basis points to 3.6% in April, according to the U.S. Bureau of Labor Statistics — signs of job cuts are emerging. Last month, U.S.-based businesses

Once primarily used for financing purchases such as washing machines or winter coats when the economy was floundering, layaway has a whole new look. Now called point-of-sale loans, installment payments are once again shaking up how consumers finance purchases — on everything from sneakers to skin care. “As brick-and-mortar retailers continue to face challenges, many

Hero Images | Getty Images When it comes to putting a ring on it, younger generations are saying yes, but for less money. Two-thirds of younger Americans — Generation Z and young millennials — think an engagement ring should cost less than $2,500, according to a new survey from TD Ameritrade. That is about half

Billionaire technology investor and philanthropist Robert F. Smith announces he will provide grants to wipe out the student debt of the entire 2019 graduating class at Morehouse College in Atlanta, Sunday, May 19, 2019. Steve Schaefer | Atlanta Journal-Constitution via AP Nearly 400 young men at Morehouse College learned on Sunday that their commencement speaker

Warren Buffett Gerard Miller | CNBC Billionaire Warren Buffett is a master when it comes to investing. The Berkshire Hathaway CEO is famous for buying and holding stock — and not giving in to the volatility of the market. He’s also well-known for taking big stakes in companies, such as the $900 million worth of

Nancy Ney | Photodisc | Getty Images As the cost of college rises, more parents are cosigning private loans for their children’s education. That move can wreak havoc on older people’s financial lives if their child struggles to repay the debt. Some 45% of adults over 50 who took on education-related debt for someone else

Paul Bradbury | Caiaimage | Getty Images All parents know what it’s like trying to pull off a good family vacation. After planning, traveling, keeping track of luggage and children, and dealing with squabbles and untimely bathroom needs, if you return intact with everyone still mostly on speaking terms, you’re likely to consider it a

FluxFactory | E+ | Getty Images Nobody likes to get a poor grade. But those online “test-your-financial-literacy quizzes can be irresistible. They’re short. You think you’ll do pretty well. Then, wham. You failed. How bad should you feel? Probably not very. When U.S. managers, including corporate executives, were tested on basic financial literacy, the average

Signage is displayed inside the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., on Monday, March 4, 2019. Andrew Harrer | Bloomberg | Getty Images The nation’s consumer watchdog agency on Friday filed suit against a debt-collection law firm, accusing it of using deceptive practices to get consumers to pay money that they

Your journey on the road to building wealth begins with one question: Have you earned the right to invest? Even the most ambitious savers need to go through a little bit of prep work before they start socking away cash into a brokerage account, an individual retirement account or any other long-term investment. “Before you

Pedestrians walk past a stock indicator board showing the share price index of the Tokyo Stock Exchange (C, top) in Tokyo on December 25, 2018. – Jiji Press | AFP | Getty Images To avoid doing something you’ll regret, you might have decided to look away from your investments until all those trade war headlines start

Show – don’t tell – what you bring to the table.  Drazen_ | E+ | Getty Images Forget backpacking through Europe. Scoring an internship during a break from college is key to landing a great job once you graduate. “They are more important today than ever before,” said Jill Tipograph, co-founder of career coach firm

Money can be one of the biggest stressors in a couple’s life. But there are certain tricks that can help ease the pressure. One of those is what’s called a “mad money” account, a favorite of certified financial planner Lazetta Rainey Braxton. The idea is that each person puts aside a set amount every month

Jamie Grill | Image Bank | Getty Images Recent market volatility is shining a spotlight on equity funds, but make sure you don’t overlook the risks hiding in the “stable” part of your 401(k). Generally, investors think of bonds as a safe corner of their portfolio, offsetting the day-to-day dramatic movements you might see in

The Social Security Office in Alhambra, California. Mario Anzuoni | Reuters As Washington and Beijing face off on tariffs, there could be one unseen group affected: retirees. The Senior Citizens League, a nonpartisan group advocating for seniors, on Tuesday released its latest report on the buying power of Social Security benefits. The group also projected

Thanagon Karaket / EyeEm | EyeEm | Getty Images If you’re having a hard time building a six-month emergency fund, you might want to rethink where you live. A new study from personal finance website Bankrate took a look at the cities where it is most difficult or easy to stash away cash in case

Howard Adler Kurt S. Adler In the escalating trade war between the U.S. and China, who pays? In a word, my family does. We are leading importers of Christmas decorations and have been in business since 1946. President Donald Trump‘s imposition of a 10% tariff last September on many categories of products we offer has

Investing isn’t just a man’s game. Financial equality and independence are just as important for women. And for those women looking to seek a life of prosperity and build wealth, having the right investing skills is the key. Many women may think they lack the knowledge and insight necessary to grow their money with investments.

Several months ago, pharmacy technician Curtis Webb thought his credit score was high enough to help him snag good terms on a mortgage. “It was close to 730. I thought it would help me get a good interest rate,” said Webb, 27, a Utah resident. “Then the lender came back with my actual score. I

Lawmakers have introduced a bill that would make it easier for student loan borrowers to cancel their debt in bankruptcy. The measure, which is supported by 14 Democrats, one Republican and one independent, is dubbed the Student Borrower Bankruptcy Relief Act of 2019. “Americans struggling financially should have the option to discharge their student loans

There’s no doubt that college is expensive. Tuition and fees for a four-year private college averaged $35,830 in 2018-19; at four-year in-state public colleges, it was $10,230, according to the College Board. And that doesn’t count room and board or other expenses. Few families have the cash to cover it, and that’s where borrowed money

If community college is in the cards for your high school senior, don’t wait until the fall to prepare. Having the right strategy going before starting on that path to an associate’s degree can help your child finish his education on time or make a successful transfer to a four-year college. “For the 17-year-old whose

In the ongoing battle between President Donald Trump and the Federal Reserve over interest rates, it’s consumers that are caught in the middle. The Fed has already hiked its benchmark rate nine times since December 2015. In March, it indicated that it is likely done with increases for the rest of 2019 despite previously forecasting

As millennial women enter their 30s, demand for customized and affordable egg freezing services is spiking. The biggest question women have? How to pay for it. On average, women spend $15,000 to $20,000 per cycle and opt for two cycles, according to Fertility IQ, , a digital database for information about fertility benefits and treatments.